# The MEV Letter #16

**URL:** https://collective.flashbots.net/t/the-mev-letter-16/2641
**Category:** The Flashbots Ship
**Tags:** links, the-mev-letter
**Created:** [November 14, 2023, 11:12pm UTC](https://collective.flashbots.net/t/the-mev-letter-16/2641 "2023-11-14T23:12:23Z")
**Posts on this page:** 1
**Page:** 1

<div class="post-metadata">

### Author: ![Fred](https://collective.flashbots.net/user_avatar/collective.flashbots.net/fred/32/1288_2.png) [@Fred](https://collective.flashbots.net/u/Fred)
#### Post date: [November 14, 2023, 11:12pm UTC](https://collective.flashbots.net/t/the-mev-letter-16/2641/1 "2023-11-14T23:12:23Z")

</div>

_ **The MEV Letter** _ is a weekly collection of papers, articles and resources related to MEV. The intention of this letter is to provide a comprehensive summary of the latest research, discussions, and developments in the space, with links for further reading.

See our [Transparency Reports](https://collective.flashbots.net/tag/transparency-report) for deeper dives into updates related to Flashbots.

# Papers & Articles

- [DAO Decentralization: Voting-Bloc Entropy, Bribery, and Dark DAOs](https://arxiv.org/abs/2311.03530) by [James Austgen](https://arxiv.org/search/cs?searchtype=author&query=Austgen,+J),[Andrés Fábrega](https://arxiv.org/search/cs?searchtype=author&query=F%C3%A1brega,+A), [Sarah Allen](https://twitter.com/sarahalle_), [Kushal Babel](https://twitter.com/KushalBabel), [Mahimna Kelkar](https://twitter.com/_mahimna) and [Ari Juels](https://twitter.com/AriJuels) introduce _Voting-Bloc Entropy_ (VBE) to formalizes a broad notion of decentralization in DAO voting, and present the first practical realization of a Dark DAO.
- [Sequencers and Maximal Extractable Value](https://franklindao.substack.com/p/sequencers-and-maximal-extractable) by [David Cao](https://collective.flashbots.net/u/droptableusername), [Sofia Wawrzyniak](https://www.linkedin.com/in/sofia-wawrzyniak) and [Brandon Wang](https://twitter.com/brandonwang01) examines multiple designs of rollup sequencers with a focus on MEV and decentralization.
  - [FRP-29: Research on MEV in L2 Blockchains](https://collective.flashbots.net/t/frp-29-research-on-mev-in-l2-blockchains/1617/2) by [David Cao](https://collective.flashbots.net/u/droptableusername)

- [Dr. changestuff or: how i learned to stop worrying and love mev-burn](https://ethresear.ch/t/dr-changestuff-or-how-i-learned-to-stop-worrying-and-love-mev-burn/17384) by [Mike Neuder](https://twitter.com/mikeneuder) presents protocol benefits of MEV-Burn and clears up some common misconceptions.
- [MEV burn: Incentivizing earlier bidding in “a simple design”](https://ethresear.ch/t/mev-burn-incentivizing-earlier-bidding-in-a-simple-design/17389) by [Anders Elowsson](https://twitter.com/weboftrees) presents a design for MEV-Burn that incentivize earlier bidding by rewarding builders who submit the winning bid at the observation deadline.
- [Minimum Viable Issuance](https://notes.ethereum.org/@anderselowsson/MinimumViableIssuance) by [Anders Elowsson](https://twitter.com/weboftrees) delves into Ethereum’s staking economics and the balance between user utility, network security, and economic sustainability.
  - [Thread](https://twitter.com/weboftrees/status/1710704461750944190?s=20) by [Anders Elowsson](https://twitter.com/weboftrees)

- [The Costs of Censorship: A Modeling and Simulation Approach to Inclusion Lists](https://ethresear.ch/t/the-costs-of-censorship-a-modeling-and-simulation-approach-to-inclusion-lists/17382) by [Thomas Thiery](https://twitter.com/soispoke) provides a framework to evaluate the impact of network conditions and inclusion list designs on various censorship resistance metrics.
  - [Thread](https://twitter.com/soispoke/status/1723004994725503427) by [Thomas Thiery](https://twitter.com/soispoke)

- [Based preconfirmations](https://ethresear.ch/t/based-preconfirmations/17353) by [Justin Drake](https://twitter.com/drakefjustin) show how[based rollups](https://ethresear.ch/t/based-rollups-superpowers-from-l1-sequencing/15016) (and based validiums) can offer users preconfirmations on transaction execution.
- [Validator Smoothing Commitments](https://ethresear.ch/t/validator-smoothing-commitments/17356) by [Jason Vranek](https://twitter.com/jasnoodle) propose _Smoothing Commitments_ to improve permissionless liquid staking protocols by requiring node operators to pay upfront to run a validator.
- [The Impact of Uniswap X on the DEX Ecosystem](https://mirror.xyz/0x6FA2aF9a4d6fFe654361F713780963C10412e7c3/jMBMzyDROC92wPGr8BHI5GAh0OD-hbwqzQ8PYvyoB3E) by [Orange Finance](https://twitter.com/0xOrangeFinance) explores the impact Uniswap v4 and Uniswap X could have on the DEX landscape.
  - [Thread](https://twitter.com/0xOrangeFinance/status/1722233098698633317) by [Orange Finance](https://twitter.com/0xOrangeFinance)

- [A sneak-peek at validator side MEV optimization](https://chorus.one/articles/a-sneak-peek-at-validator-side-mev-optimization) by [Chorus One](https://twitter.com/ChorusOne) shares the results of a recent pilot aimed to minimize the occurrence of missed slots, and increasing validator rewards.
- [RIP MEV Bot 2](https://rekt.news/ripmevbot2/) by [rekt](https://twitter.com/RektHQ/) details the loss of $2 million by a searcher bot due to an unprotected swap function in its code.

# Posts & threads

- [Demystifying remote attestation by taking it on-chain](https://collective.flashbots.net/t/demystifying-remote-attestation-by-taking-it-on-chain/2629) by [Andrew Miller](https://twitter.com/socrates1024) demonstrates how to verify SGX remote attestations using Solidity smart contracts with [RAVE](https://github.com/PufferFinance/rave/) from [Puffer Finance](https://twitter.com/puffer_finance).
  - [Thread](https://twitter.com/socrates1024/status/1722800140426055959?s=52) by [Andrew Miller](https://twitter.com/socrates1024)

- [Blockchain Monitoring is MEV. Always was](https://odyslam.com/blog/monitoring-is-mev/) by [Odysseas](https://twitter.com/odysseas_eth) looks at the monitoring, detection and mitigation of onchain exploits and how incident response is coupled with MEV activity.
  - [Forum post](https://collective.flashbots.net/t/blockchain-monitoring-is-mev-always-was/2631) by [Odysseas](https://twitter.com/odysseas_eth)

# Talks & Discussions

- [Bell Curve](https://twitter.com/thebellcurvepod): [A Deep Dive into Batch Auctions](https://www.youtube.com/watch?v=6VuDCULdI0E) invites [Anna George](https://twitter.com/AnnaMSGeorge) and [Ludwig](https://twitter.com/0xvanbeethoven) to discuss how batch auctions and CoW hooks mitigate MEV, and how the Angstrom project by Sorella Labs’ tackles LVR.
- [Deciphering Private Orderflow in MEV w/ Blocknative and Fastlane Labs](https://twitter.com/i/spaces/1BdGYrBoyDyJX) hosted by [Fenbushi Capital](https://twitter.com/fenbushi) invites [Alex Watts](https://twitter.com/ThogardPvP) and [Blair Marshall](https://twitter.com/blairlmarshall) to explore private order flow markets and the operations of [FastLane on Polygon](https://twitter.com/0xPFL) and [Blocknative](https://twitter.com/blocknative).
- [Do You Need to Protect Yourself from MEV?](https://twitter.com/BreederDodo/status/1722826334207107579) hosted by [DODO](https://twitter.com/BreederDodo/) invites [Matt Cutler](https://twitter.com/mcutler) to give an overview of MEV, and how users can protect themselves through private transactions.

# Other

- [libMEV](https://libmev.com/) by [Cryptic Woods](https://twitter.com/crypticwoods_) is a dashboard and bundle explorer with data on searchers and bundles since the Merge.
  - [Thread](https://twitter.com/crypticwoods_/status/1723910948820250717?s=52) by [Cryptic Woods](https://twitter.com/crypticwoods_)

- [Toni Wahrstätter](https://twitter.com/nero_eth) [announced](https://twitter.com/nero_eth/status/1721820176457269252?s=52) a maintained list of OFAC sanctioned ETH addresses for research purposes.
- [Ulisse](https://chainbound.grafana.net/public-dashboards/b39ed764b36548a2a74024eab3de2fe3?orgId=1&refresh=1d) by [Chainbound](https://twitter.com/chainbound_/) is an Ethereum network topology explorer visualizing the geographical distribution of nodes.
  - [Thread](https://twitter.com/chainbound_/status/1724450640938549711?s=52) by [Chainbound](https://twitter.com/chainbound_/)

- [suave-playground](https://github.com/halo3mic/suave-playground) by [Miha Lotric](https://twitter.com/MihaLotric) is a guide for setting up a local environment to build and submit Goerli blocks to Flashbots relay using SUAVE.
  - [Thread](https://twitter.com/MihaLotric/status/1722325807136485582) by [Miha Lotric](https://twitter.com/MihaLotric)

# Upcoming events :türkiye:

- **Nov 15** : [ETHconomics](https://efdn.notion.site/ETHconomics-2-15-11-2023-f3ff71566e8140bfa832c2462288a14c) by [Robust Incentives Group](https://www.notion.so/Robust-Incentives-Group-RIG-Homepage-802339956f2745a5964d8461c5ccef02?pvs=21) will highlight economic problems on Ethereum with a focus on transaction fee mechanisms, staking economics and AMM mechanism design.
- **Nov 16-17** : [Programmable Cryptography Conference](https://progcrypto.org/) by [0xPARC](https://twitter.com/0xPARC) and [PSE](https://twitter.com/PrivacyScaling) is a two day event focused on next-generation cryptography, applied cryptography, zkSNARKs and MPC.
- **Nov 17** : [UNISUAVE Researchathon](https://lu.ma/hookathon) by [Flashbots](https://www.flashbots.net/) and [Uniswap Foundation](https://twitter.com/UniswapFND) will explore what SUAVE and Uniswap v4 hooks can uniquely enable.
- **Nov 18** : [censorship.wtf](https://lu.ma/censorship-wtf) by [T](https://twitter.com/TimBeiko)&[T](https://twitter.com/tzhen) will explore censorship resistance across the entire Ethereum stack with speakers presenting from both Istanbul and Prague.
- [Public Flashbots collective calendar](https://calendar.flashbots.net/) have extensive information on all talks, panels and workshops by Flashbots during Devconnect, and beyond.

* * *

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